Oh, boy. Look what we have here:
Yep. Using a variety of techniques described in two recently released memos, everyone’s favorite shell-gamer Enron reputedly implicated themselves in December of 2000, in the twilight of the Clinton Administration. The caretaker board which moved in to oversee Enron’s bankruptcy proceedings recently discovered and released the documents.
Now, this is all very curious, especially since Vice President Cheney reportedly formulated his National Energy Policy with help from Enron executives. The White House is still attempting to avoid full disclosure.
Alleged criminal behavior on the part of Enron reflects poorly upon the Bush Administration because they were so undeniably close. (Do I really need to supply citations for that statement?) But I think most reasonable people would agree that criminal behavior on behalf of one party does not necessarily imply the same on behalf of the other.
Here’s the facts as I see them:
Former Enron CEO Kenneth Lay and the Bush family are friends, and Lay acted as an advisor during the transition.
Enron executives secretly met with Cheney and his panel six times while the VP was creating the National Energy Policy.
At roughly the same time, Enron was apparently manufacturing and sustaining an energy crisis in California.
The White House first refused and then only very reluctantly consented to release any details about its dealings with Enron.
But, as far as I know, there is NO evidence to suggest that the White House assisted Enron in their alleged criminal activity.
The question I’d like to ask is this: looking at the evidence we have, much of it admittedly circumstantial, should the Bush Administration be investigated for possible complicity in Enron’s wrongdoing? Or is it unreasonable to ask for an investigation at this point?
After trying to isolate my personal politics as much as possible, I don’t think there is enough evidence to prompt a criminal investigation of the Bush Administration. But I do think that more and better disclosure on the part of that administration had better start flowing. I’d like to know what you folks think.